$640,000
2401 Collins Avenue 1005
Miami Beach, FL 33140
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
Price Check
How this price compares
- Asking price
- $640,000
- Price per sq ft
- $571
- Vs. nearby sales
- 10.9% above
- Days on market
- 301
This 1-bedroom condo in The Riviera Condo went under contract with an asking price of $640,000, or $571 per square foot. It spent 301 days on the market before going under contract. The 6 most recent condo sales in the closings shown below sold at a median of $515 per square foot, so the asking price was 10.9% above what comparable homes here actually sold for.
Estimated monthly payment
$3,363 /mo
Principal and interest only, based on $128,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $1,111/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $640,000
- Days on Site
- 301 Days
- Bedrooms
- 1
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,121 sqft
- Total Sq Ft
- 1,121 sqft
- Year Built
- 1980
- Property Type
- Condo
- MLS #
- A11874609
- Property Tax
- $7,766 (2024)
- HOA Fees
- $1,111 / Monthly
- Subdivision
- THE RIVIERA CONDO
- County
- Miami Dade
- Status
- Under Contract
- Special Conditions
- Listed As Is
About This Property
Beautifully updated 1 bed/2 bath condo with ocean and downtown views. Spacious living room offers option to convert to a den or second bedroom. Kitchen and bathrooms were remodeled a few years ago. Enjoy a private balcony, bright layout, and move-in condition. Building has completed 40-year recertification, seller will pay all assessments. New elevators installed, with lobby and pool deck renovations starting soon. HOA covers water, trash, sewer, cable, internet and 1 assigned parking space. Extra storage space on 4th floor included. Great opportunity to own in a building with strong improvements and excellent location.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Under Contract
- Year Built
- 1980
- Number of Stories
- 18
- Garage Spaces
- 1
- Parking
- Assigned
- Living Sq Ft
- 1,121
- Total Sq Ft
- 1,121
Interior Features
- Appliances
- Dishwasher / Electric Range / Microwave
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Ceramic Tile
- Interior Features
- Closet Cabinetry / Main Level Primary
Exterior Features
- Construction
- Block
- Exterior Features
- Barbecue
- Pool Features
- Association / Heated
- Waterfront
- Yes
- Waterfront Features
- None / Ocean Access
- View
- City / Ocean
Community & HOA
- HOA Fee
- $1,111 / Monthly
- HOA Includes
- Common Areas / Cable Tv / Hot Water / Insurance / Internet / Maintenance Structure / Pest Control / Recreation Facilities / Sewer / Security / Trash / Water
- Association Amenities
- Billiard Room / Community Kitchen / Elevators / Laundry / Management / Pool / Parking / Storage / Trash
- Security
- Fire Sprinkler System / Secured Garage Parking / Lobby Secured / Smoke Detectors / Security Fence / Security Guard
- Pets Allowed
- No
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional
- MLS Area
- 2320
This home's HOA fee works out to $1,111 a month, 17% below the $1,345 median across 4 homes for sale in The Riviera Condo. See The Riviera Condo HOA fees
Schools
- Elementary School
- North Beach
- Middle School
- Miami Beach Nautilus
- High School
- Miami Beach
About the Community
The Riviera Condo is an age-restricted 55+ community in Miami Beach, Miami-Dade County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $579,900 to $1,200,000. At least one resident per home must be 55 or older. Pure Equity lists homes in The Riviera and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 4
- Median List Price
- $833,500
- Median $/Sq Ft
- $607
- Avg Days on Market
- 366
Frequently Asked Questions
- How do I schedule a tour of 2401 Collins Avenue 1005, Miami Beach, FL 33140?
- Use the Tour button on this listing to request a showing of 2401 Collins Avenue 1005, Miami Beach, FL 33140. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 2401 Collins Avenue 1005, Miami Beach, FL 33140 still available?
- 2401 Collins Avenue 1005, Miami Beach, FL 33140 is currently listed as Under Contract, and has been on the market 301 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 2401 Collins Avenue 1005, Miami Beach, FL 33140?
- With 20% down ($128,000) on the $640,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 2401 Collins Avenue 1005, Miami Beach, FL 33140 is about $3,363/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 2401 Collins Avenue 1005, Miami Beach, FL 33140?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 2401 Collins Avenue 1005, Miami Beach, FL 33140. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 2401 Collins Avenue 1005, Miami Beach, FL 33140 have an HOA fee?
- Yes: 2401 Collins Avenue 1005, Miami Beach, FL 33140 carries an HOA fee of about $1,111 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 2401 Collins Avenue 1005, Miami Beach, FL 33140?
- 2401 Collins Avenue 1005, Miami Beach, FL 33140 is zoned for North Beach (elementary), Miami Beach Nautilus (middle), Miami Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 2401 Collins Avenue 1005, Miami Beach, FL 33140?
- Often, yes. The right offer on 2401 Collins Avenue 1005, Miami Beach, FL 33140 depends on how it's priced against comparable condo sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of NB Elite Realty
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$640,000
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Listed by Tessa Trlaja, NB Elite Realty
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Recent Sales
Recently sold homes in The Riviera Condo
These are the last 6 recorded closings in The Riviera Condo, with the price each home actually sold for rather than what it was listed at. They closed at a median of $529 per square foot. The most recent closed on September 16, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$545,000
Sold · September 16, 2026
2401 Collins Avenue 1612
1 bed · 1.5 bath · 1,030 sqft · $529/sqft
$25,000 under the asking price
Sold$1,080,000
Sold · July 24, 2026
2401 Collins Avenue 602
2 bed · 2 bath · 1,266 sqft · $853/sqft
$120,000 under the asking price
Sold$570,000
Sold · May 1, 2026
2401 Collins Avenue 1712
1 bed · 1.5 bath · 1,030 sqft · $553/sqft
$20,000 under the asking price
Sold$560,000
Sold · April 28, 2026
2401 Collins Avenue 705
1 bed · 2 bath · 1,121 sqft · $500/sqft
$70,000 under the asking price
Sold$645,000
Sold · March 10, 2026
2401 Collins Avenue 1103
2 bed · 2 bath · 1,368 sqft · $471/sqft
$54,000 under the asking price
Sold$465,000
Sold · March 6, 2026
2401 Collins Avenue 507
1 bed · 2 bath · 1,121 sqft · $415/sqft
$25,000 under the asking price
See every recorded sale in The Riviera Condo or find out what your The Riviera Condo home is worth.
